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851 NE 1st Ave #3506 photo 1851 NE 1st Ave #3506 photo 2851 NE 1st Ave #3506 photo 3851 NE 1st Ave #3506 photo 4851 NE 1st Ave #3506 photo 5

35 photos

851 NE 1st Ave #3506

Miami, FL 33132

$725,000
1
2
1,173 sq ft
2019
2 car
Condominium
$2,070/mo
0
Active

Listing courtesy of Compass Florida, LLC (Cindy Perez Done). Contact: [email protected].

About this home

Experience elevated Downtown Miami living at Paramount Miami Worldcenter. This spacious 1BR + den / 2BA residence features a private elevator foyer, floor-to-ceiling glass, sunset and city views, and a versatile den with a custom built-in closet; ideal as a home office, guest space, or second sleeping area. The residence offers thoughtful upgrades throughout, including a designer dining light fixture, custom built-out closets in the primary bedroom, a full-size washer and dryer, and added laundry room shelving for extra storage. Owner-occupied and move-in ready, with no tenant in place. Paramount Miami Worldcenter is known for its unmatched resort-style amenity package, including multiple pools, fitness center, spa, basketball, tennis, yoga, boxing, soccer field, recording studio, racquetball, kids’ play area, and a 55th-floor Skydeck with panoramic views. Located in the heart of Downtown Miami, just blocks from Kaseya Center, Brightline, Metromover, Bayside, the new Miami Worldcenter, museums, dining, shopping, and entertainment.

What it costs to own
Estimated monthly payment
$7,240/mo
Principal and interest
$3,666
Property tax
$1,054
Homeowners insurance
$450
HOA
$2,070

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$12,646/yr

Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

The full yearly cost of owning this home: property tax levy by levy from the published millage of the parcel’s taxing district (a mailing city is not always inside its city limits), the Save Our Homes cap, HOA and the insurance quotes to get.

HOA
$2,070/mo (from the listing)
FEMA flood zone
Lookup unavailable. Check the FEMA map
Hurricane evacuation zone
Lookup unavailable. Know your zone

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Florida condo safety laws

This building was built in 2019, according to the county property appraiser.

If it has three or more habitable stories, Florida law (s. 553.899, F.S.) requires a milestone structural inspection by December 31 of the year it reaches 30 years of age, then every 10 years; for a building of this age the first one is due by December 31, 2049. A local building official may require it at 25 years near salt water.

Condominium buildings of three or more stories also need a structural integrity reserve study (s. 718.112(2)(g), F.S.) at least every 10 years; associations formed on or before July 1, 2022 had to complete one by December 31, 2025.

Dates follow from the statutes and the year the county appraiser lists for the building, not from the association's records. Ask the association for its milestone inspection report, its most recent structural integrity reserve study and any approved or proposed special assessments, and review them before you buy.

Location

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty Services. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.